$3,888,888

2026 Peninsula Road, Muskoka Lakes (Medora), Ontario, P0B1J0

For saleJust listed

5 days ago

$629K

2026 Peninsula Road, Muskoka Lakes (Medora), Ontario, P0B1J0

3 bd2 ba10 pk1,750 ft²Lot size 293 × 277 ft (1.86 acres)

Listed by Engel & Volkers Toronto Central

Peninsula Road, Muskoka Lakes (Medora), Ontario, P0B1J0

For saleJust listed

5 days ago

$1.27M

Peninsula Road, Muskoka Lakes (Medora), Ontario, P0B1J0

3 bd1 ba3 pk1,750 ft²Lot size 260 × 353 ft (2.10 acres)

Listed by CV Real Estate

38 Joseph Street, Muskoka Lakes (Medora), Ontario, P0B1J0

For sale

8 days ago

$1.10M

38 Joseph Street, Muskoka Lakes (Medora), Ontario, P0B1J0

4 bd2 ba3 pk900 ft²Lot size 97 × 320 ft (31,069 sq ft)

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

30 Stephen Road, Muskoka Lakes (Medora), Ontario, P0B1J0

For sale

8 days ago

$1.55M

30 Stephen Road, Muskoka Lakes (Medora), Ontario, P0B1J0

4 bd5 ba7 pk3,250 ft²Lot size 203 × 508 ft (2.36 acres)

Listed by Chestnut Park Real Estate

Investment analysis

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$3,888,888

Muskoka Lakes

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96 Joseph Street, Muskoka Lakes (Medora) - Single Family for Sale

96 Joseph Street, Muskoka Lakes (Medora), Ontario, P0B1J0

3 beds3 baths6 parking2,750 ft²71 × 200 ft (14,200 sq ft) lot sizeListed 41 days ago

Overview

This 3-bedroom, 3-bathroom home in Muskoka Lakes is for sale offering roughly 2,750 sq ft of space. It has been on the market 41 days, fresher than the Muskoka Lakes average of 93 days.

Houses for Sale in Muskoka Lakes →All real estate in Muskoka Lakes →

Description

EXCEPTIONAL WATERFRONT COMMERCIAL OPPORTUNITY IN THE HEART OF PORT CARLING set on a 200-ft-deep lot in a waterfront setting. This approx. 3,800 SF freestanding building presents an exceptional opportunity to own a versatile commercial property in the heart of Port Carling.The 1,500 SF street-level retail space features 2 storage areas and 2 baths. The approx. 1,500 SF upper level, with a separate entrance, offers 3 BRs, 3-pc bath, kitchen and laundry - ideal for owner use, additional income or a live/work setup.The approx. 800 SF unfinished walkout basement provides additional expansion potential and direct access to the rear of the property, with the waterfront and the Locks connecting Lake Muskoka & Lake Rosseau.Winterized for year-round use, the property offers the flexibility to generate income throughout the year while providing the option to live and work here full-time. Enjoy summers in Port Carling with your own Muskoka pied-à-terre, spend winters down south, or make Muskoka home year-round - a chance to enjoy the freedom and tranquility of waterfront living away from the city.An exceptional opportunity to diversify your investment portfolio with a property that brings together business, income potential, waterfront and lifestyle in one of Muskoka's most sought-after communities. (id:66096)

Property Details

MLS®: X13825394
Property Type: Single Family
Zoning: COMMERCIAL
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 2
Parking: 6
Interior Size: 2,750 ft²
Lot Size: 71 × 200 ft (14,200 sq ft)
Frontage: 71 ft
Storeys: 2
Basement: Unfinished, Walk out, N/A, N/A
Heating: Baseboard heaters, Electric
Cooling: Central air conditioning
Garage: No Garage
Waterfront: Yes
Ownership: Freehold
Property Tax: $5,110.96/yr
Listed: 41 days ago

Rooms

Main level

Other: 15.15 x 9.27 meters

Upper Level

Bedroom: 4.79 x 4.24 meters
Bedroom 2: 4.57 x 4.57 meters
Bedroom 3: 3.64 x 4.76 meters
Living room: 4.48 x 2.16 meters
Dining room: 3.38 x 4.76 meters
Kitchen: 2.44 x 2.56 meters

Basement

Workshop: 9.45 x 5.49 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Water meter, Water purifier, Stove, Dryer, Water Heater
Foundation: Block
Exterior: Wood, Vinyl siding
Lot Features: Wooded area, Sloping, Paved yard, Guest Suite, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

41d

Muskoka Lakes (Medora) listings, avg age

93d

Price / ft²

$1,414

List price

$3.89M

Homes here sell below asking price

Homes in this market sold for an average of 93.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Muskoka Lakes (Medora) has been listed for 41 days, which is 52 days fresher than the city average of 93. Act while there is still low competition.

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Listed by ENGEL & VOLKERS TORONTO CENTRAL · GELAREH JIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0B)

This home lists at $3,888,888, about 43.2× the local median household income of $90,000.

Carrying it typically needs a household income of about $759,636 (20% down, 25-yr amortization, stress-tested) — roughly 744% above the area median.

Median household income: $90,000
Population: 9,589
Median age: 53.2
Owner / renter: 91% / 9%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0B)

$3,888,888· $1,414/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $777,777.60

Min 20%50%

Mortgage payment$16,585/mo

Property tax (est.)$426/mo

Total monthly$17,011

Cash Needed to Close

Down payment (20%)$777,778

Land transfer tax$83,697

Est. closing costs$14,167

Total cash needed$875,642

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